New Mexico Center For Therapeutic Riding
EIN: 465184226 · Santa Fe, NM · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $142K |
| Net Assets | $120K |
Is New Mexico Center For Therapeutic Riding Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Mexico Center For Therapeutic Riding
New Mexico Center For Therapeutic Riding (EIN: 465184226) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code E50. The organization reported total revenue of $122K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Center For Therapeutic Riding's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Center For Therapeutic Riding is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $142K |
| Surplus / Deficit | +$12K |
| Total Assets | $122K |
| Total Liabilities | $2K |
| Net Assets | $120K |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, New Mexico Center For Therapeutic Riding reported a surplus of $12K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Mexico Center For Therapeutic Riding's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.6% | -38.6% | +9.7% |
| 2022 | +21.0% | +35.7% | -13.0% |
| 2021 | +12.2% | +6.8% | -3.2% |
| 2020 | -17.2% | +12.5% | +4.3% |
| 2019 | +55.4% | +2.8% | +89.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Center For Therapeutic Riding has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Mexico Center For Therapeutic Riding with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about New Mexico Center For Therapeutic Riding
Is New Mexico Center For Therapeutic Riding a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mexico Center For Therapeutic Riding (EIN: 465184226) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Mexico Center For Therapeutic Riding spend its money?
Detailed spending breakdown data is not yet available for New Mexico Center For Therapeutic Riding. Check back for updated IRS 990 analysis.
Are donations to New Mexico Center For Therapeutic Riding tax-deductible?
New Mexico Center For Therapeutic Riding is registered as a tax-exempt nonprofit (EIN: 465184226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Center For Therapeutic Riding located?
New Mexico Center For Therapeutic Riding is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 465184226. It is classified under NTEE code E50.
How many years of IRS 990 filings does New Mexico Center For Therapeutic Riding have?
New Mexico Center For Therapeutic Riding has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $122K in total revenue.
Filing History
IRS 990 filing history for New Mexico Center For Therapeutic Riding showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Mexico Center For Therapeutic Riding's revenue has grown by 111%, moving from $73K to $154K. Total assets increased by 5326.6% over the same period, from $2K to $122K. Total functional expenses rose by 97.7%, from $72K to $142K. In its most recent filing year (2023), New Mexico Center For Therapeutic Riding reported a surplus of $12K, with revenue exceeding expenses. The organization holds $2K in liabilities against $122K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $142K | $122K | $2K | — | — |
| 2022 | $216K | $232K | $111K | $3K | — | View 990 |
| 2021 | $178K | $171K | $127K | $4K | — | View 990 |
| 2020 | $159K | $160K | $131K | $15K | — | View 990 |
| 2019 | $192K | $142K | $126K | $0 | — | View 990 |
| 2018 | $123K | $138K | $66K | $0 | — | View 990 |
| 2017 | $119K | $111K | $52K | $0 | — | View 990 |
| 2016 | $136K | $117K | $38K | $0 | — | View 990 |
| 2015 | $102K | $95K | $18K | $0 | — | View 990 |
| 2014 | $86K | $78K | $11K | $0 | — | View 990 |
| 2013 | $53K | $65K | $2K | $0 | — | View 990 |
| 2012 | $124K | $112K | $15K | $0 | — | View 990 |
| 2011 | $73K | $72K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $142K, and assets of $122K (revenue -28.6% year-over-year).
- 2022: Revenue of $216K, expenses of $232K, and assets of $111K (revenue +21.0% year-over-year).
- 2021: Revenue of $178K, expenses of $171K, and assets of $127K (revenue +12.2% year-over-year).
- 2020: Revenue of $159K, expenses of $160K, and assets of $131K (revenue -17.2% year-over-year).
- 2019: Revenue of $192K, expenses of $142K, and assets of $126K (revenue +55.4% year-over-year).
- 2018: Revenue of $123K, expenses of $138K, and assets of $66K (revenue +3.8% year-over-year).
- 2017: Revenue of $119K, expenses of $111K, and assets of $52K (revenue -12.9% year-over-year).
- 2016: Revenue of $136K, expenses of $117K, and assets of $38K (revenue +33.2% year-over-year).
- 2015: Revenue of $102K, expenses of $95K, and assets of $18K (revenue +18.8% year-over-year).
- 2014: Revenue of $86K, expenses of $78K, and assets of $11K (revenue +63.2% year-over-year).
- 2013: Revenue of $53K, expenses of $65K, and assets of $2K (revenue -57.4% year-over-year).
- 2012: Revenue of $124K, expenses of $112K, and assets of $15K (revenue +70.0% year-over-year).
- 2011: Revenue of $73K, expenses of $72K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Center For Therapeutic Riding:
Data Sources and Methodology
This transparency report for New Mexico Center For Therapeutic Riding is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.